Empirical Research On Impact Of Corporate Governance Actors On The Disclosure Quality Of Internal Control Information

With economic development, the establishment of modern enterprise system, the disclosure quality of internal control information is the important factors that affect whether the enterprise develops normaliy and orderly.By the disclosure of Internal control information, information needs can learn the effectiveness of the company’s internal control system to establish and run, the disclosure’s process of internal control information is a process of self-evaluation and audit, it is helpful to find and inhibit company fraud, and improve the corporate governance structure, and promote the orderly development of the company. In recent years, the seriously flawed internal control,ineffective disclosure of internal control information is an important reason for the failure of business operations, in fact, the most fundamental reason is that the level of corporate governance issues to the occurrence of this series of cases. There is a close relationship between corporate governance and disclosure of internal control information, the level of corporate governance is directly related to the disclosure quality of the internal control information,and the degree of perfection and the level of corporate governance also affect the disclosure quality of the internal control information. Therefore, It is a problem worthy of study how to ensure a positive impact between corporate governance and disclosure of internal control information.Review of literature found that it is more normative research on the relationship between corporate governance and disclosure of internal control information.Therefore, this paper conducts research by corporate governance’research perspective, empirical research methods, the Shanghai and Shenzhen listed company on the Main Board of the2011data for the study,based on research at home and abroad. First,the paper reviews the basic theory on the corporate governance, corporate governance actors, internal control and disclosure of internal control information; Second,there is analysis of the impact on the disclosure quality of internal control information from meeting of shareholders, board of directors, managers,the Board of Supervisors and other corporate governance actors;and hypothesis to propose;third,based on shanghai and Shenzhen motherboard listed companies data in2011.corporate governance actors analysis of the impact on the quality of internal control information disclosure, and verify the impact by empirical research methods. The studies find that ownership concentration and disclosure quality of internal control information is negatively correlated, however, it is positive correlation between the size of board independence, managers educated, equity incentive and the Board of Supervisors scale and disclosure quality of internal control information,the profitability of the Company, audit opinion type, listing the number of years, the end of the asset scale and listed locations as control variables also affect disclosure quality of internal control information; Finally, according to the theory, empirical findings and the reality of the situation, the paper puts forward corresponding improvement recommendations of Corporate governance and improvement of disclosure system of internal control information, illustrates the limitations of the study and proposes future research directions.